AVA 3.85% 13.5¢ ava risk group limited

Canaccord lowered their TP recently from 90s to 58c due to covid...

  1. 1,803 Posts.
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    Canaccord lowered their TP recently from 90s to 58c due to covid delays etc which explains the recent drop. But their assumptions are very conservative and it’s still a BUY.

    I liked this part, especially the part that the logistics business can be valued at the present market cap implying you get the rest for free. Food for thought.

    https://hotcopper.com.au/data/attachments/3194/3194387-58af130493e078dcbe5aca9a3e5d08a1.jpg
    https://hotcopper.com.au/data/attachments/3194/3194390-c2ee06f3f97516bbe0cf334f59569193.jpg
 
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